123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

In Vitro Toxicology Testing Market Insights On Scope And Growing Demands 2025

Profile Picture
By Author: MarketsandMarkets
Total Articles: 341
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

According to the new market research report In Vitro Toxicology Testing Market is expected to reach USD 14.9 billion by 2025 from an estimated USD 9.1 billion in 2020, at a CAGR of 10.3%.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=209577065

The major factors driving the growth of this in vitro toxicity testing market are the opposition to animal testing, technological advancements, and increasing R&D expenditure to detect toxicity at an early stage during drug development are the primary growth drivers for this market.

By product and service, the consumables segment is expected to account for the largest share of the in vitro toxicology testing market

The consumables segment is estimated to account for the largest market share in 2019. The large share of this segment can be attributed to the increasing demand for high-quality reagents and the repeated use ...
... of media and reagents in in vitro toxicology studies.

In the toxicity endpoints and tests market, the organ toxicity segment is expected to grow at the highest CAGR during the forecast period

The organ toxicity segment is expected to grow at the highest CAGR during the forecast period. The growth in this segment can be attributed to factors such as the increasing focus on drug safety and consumer-product safety, along with the need to screen potential drug targets during the early stage of drug development.

Based on the technologies used in the in vitro toxicology testing, the cell culture technologies segment is expected to account for the largest share of the in vitro toxicology testing market

The cell culture technologies segment is estimated to account for the largest market share in 2018. The large share of this segment can be attributed to the fact that it is the most preferred technique for toxicity testing, being capable of mimicking in vivo conditions.

Asia Pacific is estimated to be the fastest-growing market for in vitro toxicology testing during the forecast period

The APAC in vitro toxicology testing market is projected to register the highest growth during the forecast period. Factors such as emergence of CROs for outsourcing toxicology-related research projects, opposition to animal testing resulting in the use of alternate methods, increasing pharmaceutical drug pipeline, and growing consumer awareness of product safety are some of the key factors driving the growth of the market in the APAC.

Request For Report Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=209577065

The prominent players in the in vitro toxicology testing market include Thermo Fisher Scientific Inc. (US), Covance (US), Bio-Rad Laboratories, Inc. (US), GE Healthcare (US), SGS S.A. (Switzerland), QIAGEN N.V. (Germany), Promega Corporation (US), Eurofins Scientific SE (Luxembourg), Merck KGaA (Germany), Charles River Laboratories International, Inc. (US), Catalent, Inc. (US), Cyprotex (UK), Gentronix Limited (UK), BioIVT (US), and MB Research Laboratories (US).

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
sales@marketsandmarkets.com

More About the Author

An innovative professional with 6+ years of progressive experience within the Healthcare industry. with the skills to drive business growth, capitalize on new revenue potential, and manage all aspects of daily internet / eCommerce operations.

Total Views: 332Word Count: 482See All articles From Author

Add Comment

Business Articles

1. Acoustics, Or The Study Of Sound
Author: DSP Consultants

2. Famous Music Festivals In Western Canada: Where Sound And Scenery Collide
Author: Miles James

3. Popular Music Festivals In Western Canada: Where Sound Meets Scenery
Author: Miles James

4. Music Festivals British Columbia: Experience The Soundtrack Of British Columbia
Author: Miles James

5. Shine Your Brand Bright: Hire Led Advertising Screens And Mobile Led Vans In Birmingham
Author: Vikram kumar

6. Affordable Digital Marketing Company In Visakhapatnam For Startups And Small Businesses
Author: Digital Shout

7. Modern Balcony Railing Design And Designer Fencing Work In Hyderabad For Elegant Homes
Author: MA Fabrication

8. Enhance Safety And Style With Balcony Grill With Pigeon Protection In Hyderabad
Author: MA Fabrication

9. Turning Waste Into Worth – How Kerone Is Harnessing Biochar For Sustainability
Author: Shivam Chaurasia

10. The Importance Of The Modern Security Audit Services
Author: Qadit

11. Exploring Information Security Management In Bangalore: Protecting Digital Assets In India’s Hotspot For Technology
Author: Qadit

12. Booking Back Office
Author: Anusha Raj

13. Implementing Iso 17025 Requirements In Your Lab Operations
Author: Sarah

14. Lucintel Forecasts The Global Education Erp Market To Grow With A Cagr Of 14.2% From 2024 To 2030
Author: Lucintel LLC

15. Why Quality Matters In Paper Cutting Knife And Blades For Industrial Applications
Author: Perfect Knives

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: